Tag Archives: Debt

28. 8 Ways You Can Earn Your Financial Self-Defence Black Belt



Kris Dureau has practiced martial arts since he was 12 years old.

This hobby taught him that self-defence is all about situational awareness, so that he can identify and avoid bad situations.

In this episode, Kris Dureau highlights how martial arts principles can apply to eight key areas of your financial life. By practicing these principles, you, too, can learn to protect yourself and gain situational awareness around your money.

Kris discusses:

  • Why you should review your insurance policies regularly 
  • How knowing your household cash flow can protect your finances 
  • The idea of paying yourself first
  • Benefits of debt inventory and planning 
  • The importance of portfolio protection for soon-to-be retirees 
  • Reasons to get power of attorney documents ASAP
  • And more

Resources:

Connect With Kris Dureau


Episode 26 – Exploring Private Alternative Investments – With Travis Forman



There are two types of alternative investments: private and public alternative investments.

While private alternative investments are all about private equity, credit, and real estate, public alternative investments mainly operate in public markets and use less traditional tools such as short-selling and leveraging.

In this episode, Harbourfront Wealth Management’s senior vice president and portfolio manager, Travis Forman, sits down with Kris Dureau to explain everything you need to know about private alternative investments. He highlights this investing approach’s versatility so that you, too, can consider the benefits it could add to your portfolio.  

You will learn:

  • Who predominantly uses alternative investments 
  • Examples of alternative investments providing consistent returns
  • Private alternative investment subcategories
  • The impact of private alternatives on retirement-related savings 
  • The role of inflation in alternative investments
  • And more!

Listen today to learn how Harbourfront Wealth Management can help investors like you access private alternative investments!

Resources:  Three Hats Financial  | Kris Dureau | Travis Forman | Harbourfront Wealth Management“Why private alternatives are the future of asset allocation” by Travis Forman 

Travis Forman is based in Kelowna but also works out of offices in Vancouver and Surrey, B.C. Please note – at 6:10 of the podcast, Travis Forman refers to Rockridge Private Debt Pools best month. He is referring to December 2018 monthly return. Source: Willoughby Asset Management- Rockridge Private Debt Pool Monthly Fund Profile – February 2021. 12:02 of the Podcast – Heavily sub-advised is mentioned. This refers to the third-party managers that oversee the individual holdings in the Pools. The comments and information pertaining to the Rockridge Private Debt Pool (“The Portfolio”) are not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units of The Portfolio is made pursuant to the Offering Memorandum and only to investors in Canadian jurisdictions. Important information about The Portfolio is contained in the Offering Memorandum available through Willoughby Asset Management.


Episode 25 – Your 10-Step Pre-Retirement Checklist



One of the reasons why retirement is such a major life decision is timing. If you retire too early, you might have financial trouble. If you retire too late, you might not have the energy to enjoy it to the fullest. 

So, when is it the right time to retire? 

To help you decide, Kris Dureau walks you through his 10-step pre-retirement checklist. This list will help shed light on the different financial, health, and planning considerations you need to be aware of as you approach your next stage of life. 

In this episode, you will learn:

  • Why you need to choose the type of retirement you want to live 
  • How a cash flow plan, emergency funds, and health insurance can help you improve your retirement needs 
  • How retirees and pre-retirees can approach debt 
  • Benefits of changing your accumulation portfolio to a retirement income portfolio
  • And more!

Tune in today and discover how you can better navigate the path of retirement planning!

Resources:  Episode 6 – Why Everybody Needs a Will | Episode 15 – How to Retire Well (Part 1)Episode 16 – How to Retire Well (Part 2)  | Three Hats Financial  | Kris Dureau | Retirement Shift Worksheet | Cashflow Spreadsheet


Episode 16 – How to Retire Well — Part 2



It’s no secret that when it comes to preparing for retirement, one major question pre-retirees are asking is, “Will I have enough to retire?”

In part two of his miniseries on retiring well, Kris Dureau reveals how you can find out the answer to this question. He highlights three financial areas to consider when assessing your retirement-related finances, assets, and benefits so that you can achieve the retirement lifestyle you’ve always desired.

In this episode, you will learn:

  • The difference between discretionary and non-discretionary expenses
  • How to plan for your retirement cash flow
  • Why you should create a debt inventory — and how to do it
  • How creating three financial buckets can help your portfolio in retirement 
  • And more!

Tune in now to discover actionable tips for preparing your finances to retire well!

Resources:  How to Retire Well – Part 1 | Three Hats Financial  | Cash flow Spreadsheet | Retirement Shift Worksheet